BouncyCoin PROJECT AND IT'S ICO REVIEW - PUTTING PLAYERS IN CONTROL

dprince2281 (5)in #dprince2281 • 6 years ago

Good day ladies and gentle men all over the world, and I also extend my greetings to all my dear readers across the globe. as you all know's, that I always carry you along with any good crypto related project through this wonderful CRYPTOCURRENCY NETWORK BLOG.

A BRIEF INTRODUCTION: The gaming market is booming, with a total revenue exceeding $100 billion. There are more than 2.3 billion active players in the world, and this number is growing rapidly. We should redefine how we think about this industry. This is not purely about playing anymore. Most games now provide consumers with entertainment on three different levels: playing, viewing, and creating. Game studios are evolving into all-around entertainment companies, erasing the boundary between gaming, media, telecom, and traditional sports industries. Below, you can see the revenue breakdown per segment.

Not all games are created equal, so not all of them are blockchainable. There are, largely, two types of games from a monetization standpoint:

•The “pay-to-play” model (i.e., players pay real money to get access to the game)

•The “free-to-play”, which come in various forms, such as freemium, pay-to-win, etc. The monetization depends on how the in-game content is distributed among players and how it affects the game balance.

In the modern gaming market, developers often use a combination of these techniques to attract users and to retain their attention. The most widespread model is free-to-play since it does not have any entry barriers. The same model enjoys the greatest interest among blockchain projects since it is based on a large number of microtransactions inside the gaming universe. But rare are projects that concentrate on one particular game; usually they tackle issues with the infrastructure in general.

But let’s go back a little into the past, where games like this all start. The first attempt to merge blockchain technology with gaming resulted in HunterCoin back in 2014. It was a simple, online multiplayer game, where players collected coins in a virtual universe, with some p2p battles over resources. This however, was mainly a ‘proof of concept’ and it had many drawbacks.

Spells of Genesis was next. It’s a trading-card game that includes arcade-style gaming aspects. At the time, the card trading games market was already heated with Hearthstone from Blizzard, along with many other small competitors. ‘Spells of Genesis’ broke into the empty crypto market, raising 934 BTC during the ICO. Thus starting a new wave of crypto-gaming, with dozens of projects popping up on the market from then on.

The next step was to create closed universes with in-game cryptocurrency. Here are just a few:

•Beyond the Void – RTS (real-time strategy) game with MOBA (multiplayer online battle arena) elements

•Lordmancer 2 – MMORPG

•Skara – game development studio with its own digital universe

According to the purpose or fixed design of this article, Today! We will be discussing or analysing about a particular amazing project called: BouncyCoin

WHAT IS BouncyCoin?

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BouncyCoin games are social games that run on a universal blockchain that enables safe gambling behavior in a controlled environment and where Monetary success winning small amounts of money over time.

BouncyCoin creates social games that run on a universal blockchain that enables safe gambling behavior in a controlled environment.

BouncyCoin is a Blockchain-based software that allows players to win money in games where they create and control odds. They grant software licenses to other parties – some which lawfully operate as gambling businesses.

ABOUT BouncyCoin

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BouncyCoin developers propose a solution that would allow users to place bets as well as create odds. Bouncy Coin team will license their first software app to casino operators for inclusion in their software offers. Regular users will download a mobile game and install it on their phone or tablet.

Bouncy Coin will stop pushing cash into the state lottery, offering to participate in social networks, where participants can win a small amount of cryptocurrency and / or prizes, and where they make and control opportunities from their participation.

BouncyCoin represents the world of gambling for Blockchain technology.

The main effect of this is the slope of opportunities from traditional casinos and game houses and the return even with all players. Technology and applications will be licensed to companies that do business with their potential customer base.

This changes the legal landscape for BouncyCoin and allows them to work in the gambling business without the need for a gambling license.

BouncyCoin intends to become a supplier of technology standards and new game applications for casinos and gambling throughout the world, creating unlimited space for company growth.

BouncyCoin intends to completely repeat the main application for gambling, providing flexibility in games where users control various variables.

BouncyCoin creates universal trust and transparency, using the Ethereum Blockchain as the basis for applications and information gathering.

BouncyCoin PROJECT ROADMAP

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BouncyCoin ICO ANALYSIS

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Bouncy Token will function as a BouncyCoin entry fee and as a dividend end point for the same token owner. At this time we will also allow users to play games with ETH.
In casino partner scenarios, casinos earn money when players lose and win players. When a player wins a match, a small commission wins. This card is distributed to all Bouncy token holders.
Tokens pay dividends every time each player wins, even though this dividend is not paid immediately. Every time a fee is charged, it will be collected and distributed periodically by our smart contract. This frequency distribution will be set.

Pre-ICO:

10M Tokens will be offered in Pre-ICO.
Minimum deposit for preliminary ICO: 5 ETH (around 2500 EUR / 2900 USD).
Price to ICO = 0,0001 (1 ETH = 10000 Bouncy).
Maximum amount: 1000 ETH (around 580 thousand US dollars).

ICO:

70M will now be offered at the ICO.
Minimum deposit for ICO: 0.1 ETH (around 50 EUR / 58 USD).
Two price levels.
First level

The first 20 meter token for sale:
Price = 0.0002 (1 ETH = 5000 Bouncy).
Maximum number: 4000 ETH (around $ 2.3 million).
Second level.

The following 50M token is sold:
Price = 0,00025 (1 ETH = 4000 Bouncy)
The maximum amount collected: 12,500 ETH (around $ 7.25 million).

Tokens that are not sold during the ICO will be burned.

ICO distribution:

A total of 100 million bonus tokens will be released.

10% = (10 M Bouncy) – Before selling ICO.

70% = (70 M Bouncy) – ICO sales.

5% = (5M Bouncy) – advisor.

5% = (5 M Bouncy) – Program Bounty.

10% = (10 M Bouncy) – Coin Company and Bouncy Employees.

BouncyCoin TOKEN ANALYSIS

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The team is issuing a BOUNCY token. It will function as a utility entry fee for accessing games and as a dividend endpoint for token holders. In the event Bouncy Coin partners up with a casino, the fees will be distributed to all BOUNCY token holders.

BOUNCY token token was created in according with ERC20 wallet standard